INSPENONLINE: SA Insurance to insure laptops for Corp members

Friday 9 November 2012

SA Insurance to insure laptops for Corp members

Chuks Udo Okonta

Standard Alliance Insurance Plc has entered into a partnership with Veda Technologies to provide cover for all laptops earmarked for the National Youth Service Corps’ members in a campaign slated to kick off in Abuja soon.

Its Group Executive Director, Mrs. Rhe Emerhor-Iwuagwu, in a media parley in Lagos, said the insurance to be provided was against damages, noting that the company will play the key role of taking care of the bills for repairs of the lap tops or total replacement as the case may be.

She said: “We at Standard Alliance Insurance Plc recognize the selfless service of Corp members to their fatherland and feel one of the ways to encourage them to render good service was to take away that extra burden of bearing the cost of fixing their much needed lap tops whenever they go bad,” stating that “this will ensure that Corp members are not unduly put out of pockets with the stipends they earn.”

She seized the opportunity to congratulate the management of Veda Technologies for appreciating the importance of such a laudable lap top ownership package for Corp members, noting that the management of Standard Alliance Insurance Plc found it easy to partner with them as they both share common youth empowerment concerns.

Speaking on behalf of his organisation, General Manager, Sales Veda Technologies Yusuf Abideen, said “We sought to partner with Standard Alliance Insurance Plc because we have known the company as a dependable one on its commitment to claims payment and integrity. We are sure Corp members are in safe hands when it comes to genuine claims settlement.”

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Lawal is Inspen 2014 insurance man of the year

The former President Chartered Insurance Institute of Nigeria (CIIN) Fatai Lawal has emerged the 2014 Inspenonline Insurance Man of the year.

Fatai who is the the Managing Director Sterling Assurance Nigeria Limited was named today, at the Nigerian Insurance and Pension Award organised by Inspenonline.

Chief Executive Officer Inspenonline Media, Chuks Udo Okonta, said Lawal was picked from the votes casted by the public and other considerations made by the award's panel of assessors.

He noted that the winner raised the bar at the the Institute and the industry by opting to serve a tenure which was eventful and impactful. He added that amongst the legacies left by the winner was the printing and donation of Insurance books to secondary and tertiary institutions aimed at deepening insurance awareness.

Okonta noted that the award, which started two years ago with the recognition of two distinguished individuals and an underwriting company, has now come to stay.

"This year, we decided to raise the bar by setting high standards to judge the operations of companies and impacts made by individuals in moving insurance and pension business forward.

"To achieve this, we gave the public the opportunity to select those to be celebrated by calling for votes. Having harmonised the votes which came from different parts of the country, we benchmarked the scores with the set standard to arrive at the winners we are celebrating today," he said.

Others winners are AIICO Insurance Plc, Insurance company of the year; FUG Pensions Limited, Pension Fund Administrator of the Year; YOA Insurance Brokers Limited and Glanvill Enthoven Insurance Brokers Limited, Insurance Broker of the year.

Professional Excellence Award went to Professor Joe Irukwu; Best Professional Group went to the Chartered Insurance Institute of Nigeria and Association of Registered Insurance Agents of Nigeria; Corporate Brand went to Mansard Insurance Plc and Leadway Assurance Limited while Corporate Social Responsibility Award was won by Sovereign Trust Insurance Plc.

The organisers also recognised organisations that distinguished themselves, with Excellence Award. Organisations in this category include the National Pension Commission, Lagos State Pension Commission, Goldlink Insurance Plc and Pension Transition Administration Directorate.

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